Asia Private Equity Weekly News, March 17, 2014

HONG KONG, March 10 News and developments in
Asia private equity from Reuters News for the week ending March
14.

MARCH 14

INDIAN SILK and jewellery retailer Kalyan Group is holding
separate talks with Blackstone Group, TPG Capital
Management and Temasek Holdings to sell a
minority stake for $200-$250 million, two sources with direct
knowledge of the matter told Reuters.

A TEMASEK-led shareholders group has offered to pay $2.1
billion in cash for shares in Olam International Ltd
they don't already own, putting the heft of the Singapore state
investor behind the commodity trading firm's weak balance sheet.

MARCH 13

SHARES IN a Chinese theme park operator and real estate
developer sank at least 16 percent in their Hong Kong debut on
Thursday as worries about the weakness in China's economy left
the overall stock market trading around a one-month low.

MARCH 12

JAPANESE PRIVATE equity firm Unison Capital is raising 60
billion yen ($581 million) for its fourth fund, with demand for
capital from buyout firms expected to grow as companies look to
expand their businesses.

CHINA'S LARGEST e-commerce company Alibaba Group Holding has agreed to buy a controlling stake in
ChinaVision Media Group Ltd for $804 million, giving
it access to TV and movie content as competition in the world's
biggest Internet market becomes increasingly cutthroat.

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